TMF Group B.V. ( Trust Management Finance ) is a Dutch multinational professional services firm headquartered in Amsterdam , Netherlands , providing accounting, tax, HR administration and global payroll services. As of October 2023, the company has 125 offices, 86 jurisdictions, and employs 10,000 people. It also has more than $ 215 billion in Assets Under Administration (AUA).
121-534: TMF Group was founded in the Netherlands in 1988. Between 2006 and 2009, TMF Group made 47 acquisitions including departments of Ernst & Young , KPMG , Grant Thornton and Baker Tilly in countries like Brazil , Argentina , Mexico , China and Australia . In October 2008, British private equity firm Doughty Hanson & Co bought TMF Group for €750 million. In January 2011, Doughty Hanson completed its €350 million acquisition of Equity Trust. This paved
242-659: A Dutch-Flemish astronomer, cartographer, and clergyman, they sought for a northeastern or northwestern access to Asia to circumvent the VOC monopoly. In 1609, English explorer Henry Hudson , in employment of the VOC, landed on the coast of New England and sailed up what is now known as the Hudson River in his quest for the Northwest Passage to Asia. However, he failed to find a passage. Consequently, in 1615, Isaac Le Maire and Samuel Blommaert , assisted by others, focused on finding
363-506: A Spanish prisoner, nailed it on a vessel's prow, and invited the townsmen to come and fasten their teeth in it, which many did with savage satisfaction. The Duke of Alba attempted to suppress the Protestant movement in the Netherlands. Netherlanders were "burned, strangled, beheaded, or buried alive" by his " Blood Council " and Spanish soldiers. Bodies were displayed along roads to terrorise
484-650: A distinct governmental structure of their own. They were utilized as a buffer zone between the Republic and the Spanish-controlled Southern Netherlands . In the Dutch Golden Age , spanning much of the 17th century, the Dutch Empire grew to become one of the major seafaring and economic powers. Science, military and art (especially painting ) were among the most acclaimed in the world. By 1650,
605-564: A galleon from Honduras with cacao, indigo, and other valuable goods. Privateering was its most profitable activity in the late 1620s. Despite Heyn's success at plunder, the company's directors realized that it was not a basis to build long-term profit, leading them to renew their attempts to seize Iberian territory in the Americas. They decided their target was Brazil. ( Recapture of Bahia ) There were conflicts between directors from different areas of The Netherlands, with Amsterdam less supportive of
726-542: A mercantile middle class began to develop in these urban areas, especially in Flanders, and later Brabant. Wealthy cities started to buy certain privileges for themselves from the sovereign. Around 1100 AD, farmers from Flanders and Utrecht began draining and cultivating uninhabited swampy land in the western Netherlands, making the emergence of the County of Holland as the centre of power possible. The title of Count of Holland
847-667: A minor role, but expanded during the period of the Dutch in Brazil. Emigrant Calvinists from the Spanish Netherlands did make significant investments in the GWC. Investors did not rush to put their money in the company in 1621, but the States-General urged municipalities and other institutions to invest. Explanations for the slow investment by individuals were that shareholders had "no control over
968-431: A south-westerly route around South America's Tierra del Fuego archipelago in order to circumvent the monopoly of the VOC. One of the first sailors who focused on trade with Africa was Balthazar de Moucheron . The trade with Africa offered several possibilities to set up trading posts or factories , an important starting point for negotiations. It was Blommaert, however, who stated that, in 1600, eight companies sailed on
1089-433: A state of almost continual war or paradoxically formed personal unions. As Frankish settlement progressed from Flanders and Brabant, the area quickly became Old Low Franconian (or Old Dutch). Around 1000 AD, due to several agricultural developments, the economy started to develop at a fast pace, and the higher productivity allowed workers to farm more land or become tradesmen. Towns grew around monasteries and castles , and
1210-497: A total area of 41,543 km (16,040 sq mi), including water bodies, and a land area of 33,481 km (12,927 sq mi). The Caribbean Netherlands has a total area of 328 km (127 sq mi) It lies between latitudes 50° and 54° N , and longitudes 3° and 8° E . The Netherlands is geographically very low relative to sea level and is considered a flat country, with about 26% of its area and 21% of its population below sea level. The European part of
1331-682: Is now the southern Netherlands: the Menapii and the Eburones . Under Augustus , the Roman Empire would conquer the entirety of the modern day Netherlands, incorporating it into the province of Germania Antiqua in 7 BC, but would be repelled back across the Rhine after the Battle of Teutoburg Forest in 9 AD, with the Rhine becoming fixed as Rome's permanent northern frontier around 12 AD. Notable towns would arise along
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#17328592515321452-414: Is the world's second-largest exporter of food and agricultural products by value, owing to its fertile soil , mild climate, intensive agriculture , and inventiveness . The four largest cities in the Netherlands are Amsterdam , Rotterdam , The Hague and Utrecht . Amsterdam is the country's most populous city and the nominal capital , though the primary national political institutions are located in
1573-712: The Batavian rebellion of 69 AD but were eventually defeated. The Batavi later merged with other tribes into the confederation of the Salian Franks, whose identity emerged in the first half of the third century. Salian Franks appear in Roman texts as both allies and enemies. They were forced by the confederation of the Saxons from the east to move over the Rhine into Roman territory in the fourth century. From their new base in West Flanders and
1694-696: The Danish West India Company , an undercover Dutch enterprise, was founded. (In 1660 the Royal African Company was founded, led by the Duke of York .) In 1662, the GWC obtained several asiento subcontracts with the Spanish Crown , under which the Dutch were allowed to deliver 24,000 enslaved Africans. The GWC made Curaçao a centre of the Atlantic slave trade , bringing slaves from West Africa to
1815-606: The Dutch East India Company and the Dutch West India Company , established colonies and trading posts all over the world. With a population of over 18 million people, all living within a total area of 41,850 km (16,160 sq mi)—of which the land area is 33,500 km (12,900 sq mi)—the Netherlands is the 33rd most densely populated country, with a density of 535 people per square kilometre (1,390 people/sq mi). Nevertheless, it
1936-506: The Eighty Years' War between the Provinces and their Spanish ruler began. The level of ferocity exhibited by both sides can be gleaned from a Dutch chronicler's report: On more than one occasion men were seen hanging their own brothers, who had been taken prisoners in the enemy's ranks... A Spaniard had ceased to be human in their eyes. On one occasion, a surgeon at Veer cut the heart from
2057-685: The European Economic Community and European Atomic Energy Community . In 1993, the former two were incorporated into the European Union . Government-encouraged emigration efforts to reduce population density prompted some 500,000 Dutch to leave the country after the war. The 1960s and 1970s were a time of great social and cultural change, such as rapid de- pillarisation . Students and other youth rejected traditional mores and pushed for change in matters such as women's rights , sexuality , disarmament and environmental issues . In 2002
2178-565: The European Union (light green) The Netherlands , informally Holland , is a country in Northwestern Europe , with overseas territories in the Caribbean . It is the largest of the four constituent countries of the Kingdom of the Netherlands . The Netherlands consists of twelve provinces ; it borders Germany to the east and Belgium to the south, with a North Sea coastline to
2299-563: The Hilversum culture . Iron ore brought a measure of prosperity and was available throughout the country. Smiths travelled from settlement to settlement with bronze and iron, fabricating tools on demand. The King's grave of Oss (700 BC) was found in a burial mound, the largest of its kind in Western Europe. The deteriorating climate in Scandinavia from 850 BC and 650 BC might have triggered
2420-549: The Holy Roman Empire , Denmark–Norway , England and other European countries. In 1649, a competing Swedish Africa Company was founded; the GWC obtained a monopoly on gold and enslaved Africans with the kingdom of Accra (present-day Ghana ). Elmina Castle was the main port. In 1654 the Dutch were thrown out of Brazil after the recapture of Recife . In 1656, the company signed the Treaty of Butre ( Dutch Gold Coast ). In 1659
2541-721: The Japanese occupation of the Dutch East Indies . In 1944–45, the First Canadian Army liberated much of the Netherlands. Soon after VE Day , the Dutch fought a colonial war against the new Republic of Indonesia . In 1954, the Charter for the Kingdom of the Netherlands reformed the political structure as a result of international pressure to carry out decolonisation . The Dutch colonies of Surinam and Curaçao and Dependencies and
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#17328592515322662-754: The Limes Germanicus : Nijmegen and Voorburg . In the first part of Gallia Belgica , the area south of the Limes became part of the Roman province of Germania Inferior . The area to the north of the Rhine, inhabited by the Frisii, remained outside Roman rule, while the Germanic border tribes of the Batavi and Cananefates served in the Roman cavalry . The Batavi rose against the Romans in
2783-659: The Nordwestblock culture. The first author to describe the coast of Holland and Flanders was the geographer Pytheas , who noted in c. 325 BC that in these regions, "more people died in the struggle against water than in the struggle against men." During the Gallic Wars , the area south and west of the Rhine was conquered by Roman forces under Julius Caesar from 57 BC to 53 BC. Caesar describes two main Celtic tribes living in what
2904-467: The Rhine - Meuse river estuary . In the east of the Netherlands, remains are found of the last ice age , which ended approximately ten thousand years ago. As the continental ice sheet moved in from the north, it pushed moraine forward. The ice sheet halted as it covered the eastern half of the Netherlands. After the ice age ended, the moraine remained in the form of a long hill-line. The cities of Arnhem and Nijmegen are built on these hills. Over
3025-611: The States General , was headquartered in The Hague and comprised representatives from each of the seven provinces. The sparsely populated region of Drenthe was part of the republic, albeit not considered a province in its own right. Moreover, during the Eighty Years' War , the Republic came to occupy a number of Generality Lands located in Flanders , Brabant and Limburg . These areas were primarily inhabited by Roman Catholics and lacked
3146-652: The euro was introduced as fiat money , and in 2010 the Netherlands Antilles was dissolved . Referendums were held on each island. As a result, Bonaire , Sint Eustatius and Saba (the BES islands) were incorporated as special municipalities upon the dissolution of the Netherlands Antilles. The special municipalities are collectively known as the Caribbean Netherlands . The European Netherlands has
3267-539: The 490s, Clovis I had conquered and united all these territories in the southern Netherlands in one Frankish kingdom , and from there continued his conquests into Gaul . During this expansion, Franks migrating to the south (modern territory of France and Walloon part of Belgium) eventually adopted the Vulgar Latin of the local population. A widening cultural divide grew with the Franks remaining in their original homeland in
3388-529: The 72 km (28 sq mi) Biesbosch tidal floodplains. The huge North Sea flood of February 1953 caused the collapse of several dikes in the southwest Netherlands; more than 1,800 people drowned. The Dutch government subsequently instituted a large-scale programme, the " Delta Works ", to protect the country against future flooding, which was completed over a period of more than 40 years. Dutch West India Company The Dutch West India Company ( Dutch : Geoctrooieerde Westindische Compagnie )
3509-575: The Americas, fur (North America) and sugar (South America) were the most important trade goods, while African settlements traded the enslaved (mainly destined for the plantations on the Antilles and Suriname), gold, copper and ivory. In North America, the settlers Albert Burgh , Samuel Blommaert, Samuel Godijn , Johannes de Laet had little success with populating the colony of New Netherland, and to defend themselves against local Amerindians. Only Kiliaen Van Rensselaer managed to maintain his settlement in
3630-664: The Caribbean, and North America. The area where the company could operate consisted of West Africa (between the Tropic of Cancer and the Cape of Good Hope ) and the Americas, which included the Pacific Ocean and ended east of the Maluku Islands , according to the Treaty of Tordesillas . The intended purpose of the charter was to eliminate competition, particularly Spanish or Portuguese, between
3751-603: The Dutch Republic was attacked by France, England and three German Bishoprics simultaneously, in what would become known as the Franco-Dutch War . At sea , it could successfully prevent the English and French navies from blockading the western shores. On land, however, it was almost taken over by the advancing French and German armies from the east. It managed to turn the tide by inundating parts of Holland . From 1672 to 1712,
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3872-569: The Dutch Republic would withdraw from trading with Asia and America. Spain refused to sign the peace treaty if a West Indian Company would be established. At this time, the Dutch War of Independence (1568–1648) between Spain and the Dutch Republic was occurring. Grand Pensionary Johan van Oldenbarnevelt offered to suspend trade with the West Indies in exchange for the Twelve Years' Truce . He took
3993-577: The Dutch and The Spanish renewed truce talks in 1633. In 1629, the GWC gave permission to a number of investors in New Netherlands to found patroonships , enabled by the Charter of Freedoms and Exemptions which was ratified by the Dutch States General on 7 June 1629. The patroonships were created to help populate the colony, by providing investors grants providing land for approximately 50 people "upwards of 15 years old", per grant, mainly in
4114-641: The Dutch established a presence in India , the Dutch East Indies (now Indonesia ), Formosa (now Taiwan ), and the only western trading post in Japan, Dejima . During the period of Proto-industrialisation , the empire received 50% of textiles and 80% of silks import from the India's Mughal Empire . Many economic historians regard the Netherlands as the first thoroughly capitalist country. In early modern Europe, it had
4235-505: The Dutch government officially has preferred the Netherlands instead of Holland when talking about the country . Often Holland or Hollanders is used by the Flemish to refer to the Dutch in the Netherlands, and by the Southern Dutch (Dutch living " below the great rivers ", a natural cultural, social and religious boundary formed by the rivers Rhine and Meuse ) to refer to
4356-650: The Dutch owned 16,000 merchant ships. The Dutch East India Company and the Dutch West India Company established colonies and trading posts all over the world. The Dutch settlement in North America began with the founding of New Amsterdam in 1614. In South Africa, the Dutch settled the Cape Colony in 1652. Dutch colonies in South America were established along the many rivers in the fertile Guyana plains, among them Colony of Surinam (now Suriname ). In Asia,
4477-637: The East India company.) The institutional structure of the GWC followed the federal structure, which entailed extensive discussion for any decision, with regional representation: 8 from Amsterdam ; 4 from Zeeland , 2 each from the Northern Quarter ( Hoorn and Enkhuizen ), the Maas ( Rotterdam , Delft , and Dordrecht ), the region of Groningen , and one representative from the States General . Each region had its own chamber and board of directors. The validity of
4598-592: The Eguafo Kingdom along the Gold Coast, present-day Ghana. The Komenda Wars drew in significant numbers of neighbouring African kingdoms and led to the replacement of the gold trade with enslaved Africans. Calabar was the largest slave trading place in Africa. Sint Eustatius (Dutch Caribbean) became the most profitable asset of the GWC and a transit point for enslaved Africans in the transatlantic slave trade . After 1734
4719-457: The European country all became countries within the Kingdom, on a basis of equality. Indonesia had declared its independence in August 1945. Suriname followed in 1975. The Netherlands was one of the founding members of Benelux and NATO . In the 1950s, the Netherlands became one of the six founding countries of the European Communities , following the 1952 establishment of the European Coal and Steel Community , and subsequent 1958 creations of
4840-507: The Frisians were defeated after a series of wars . With the approval of the Franks, the Anglo-Saxon missionary Willibrord converted the Frisian people to Christianity and established the Archdiocese of Utrecht . However, his successor Boniface was murdered by the Frisians in 754. The Frankish Carolingian empire controlled much of Western Europe. In 843, it was divided into three parts— East , Middle , and West Francia . Most of present-day Netherlands became part of Middle Francia, which
4961-439: The GWC could not repay its debts in 1674, the company was dissolved. But due to continued high demand for trade between West Africa and the Dutch colonies in the Americas (mainly slave trade ), a second West India Company known as the New West India Company was chartered that same year. This new company controlled the same trade area as the first but privateering was no longer an asset. All ships, fortresses, etc. were taken over by
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5082-417: The GWC reorganized and a new charter was granted in 1675, largely on the strength in the Atlantic slave trade. This "new" version lasted for more than a century, until after the Fourth Anglo–Dutch War , during which it lost most of its assets. When the Dutch East India Company (VOC) was founded in 1602, some traders in Amsterdam did not agree with its monopolistic policies. With help from Petrus Plancius ,
5203-455: The GWC was primarily engaged in facilitating the slave trade, and only responsible for the supply of slaves until 1738. The company then began to outsource the slave trade and left it to private enterprise , especially in Middelburg, Zeeland . In 1750 Thomas Hope was elected in the board of the company, but preferred the Heren XVII after two years; he was succeeded by Nicolaas Geelvinck in 1764. In 1773, when drinking coffee and cocoa
5324-431: The Hague. The Netherlands has been a parliamentary constitutional monarchy with a unitary structure since 1848. The country has a tradition of pillarisation (separation of citizens into groups by religion and political beliefs) and a long record of social tolerance , having legalised prostitution and euthanasia , along with maintaining a liberal drug policy . The Netherlands allowed women's suffrage in 1919 and
5445-403: The Low Countries from 1384 to 1581. The new rulers defended Dutch trading interests. The fleets of the County of Holland defeated the fleets of the Hanseatic League several times. Amsterdam grew and in the 15th century became the primary trading port in Europe for grain from the Baltic region . Amsterdam distributed grain to the major cities of Belgium, Northern France and England. This trade
5566-413: The Low Countries south of the great rivers. These tribes would eventually develop into the Salian Franks . The Celtic La Tène culture (c. 450 BC to the Roman conquest) expanded over a wide range, including the southern area of the Low Countries . Some scholars have speculated that even a third ethnic identity and language, neither Germanic nor Celtic, survived in the Netherlands until the Roman period,
5687-447: The Low Countries. Under Habsburg rule , this became pays d'embas ("lands down-here"). This was translated as Neder-landen in contemporary Dutch official documents. From a regional point of view, Niderlant was also the area between the Meuse and the lower Rhine in the late Middle Ages. From the mid-sixteenth century, the "Low Countries" and the "Netherlands" lost their original deictic meaning . In most Romance languages ,
5808-409: The Meuse. These rivers functioned as a natural barrier between fiefdoms and hence historically created a cultural divide, as is evident in some phonetic traits that are recognisable on either side of what the Dutch call their "Great Rivers" ( de Grote Rivieren ). Another significant branch of the Rhine, the IJssel river, discharges into Lake IJssel , the former Zuiderzee ('southern sea'). Just like
5929-422: The Netherlands is a founding member of the European Union , Eurozone , G10 , NATO , OECD , and WTO , as well as a part of the Schengen Area and the trilateral Benelux Union. It hosts intergovernmental organisations and international courts , many of which are in The Hague. The countries that comprise the region called the Low Countries (Netherlands, Belgium , and Luxembourg ) all have comparatively
6050-476: The Netherlands to the brink of bankruptcy. However, the Cultivation System was introduced in 1830; in the Dutch East Indies, 20% of village land had to be devoted to government crops for export. The policy brought the Dutch enormous wealth and made the colony self-sufficient. The Netherlands abolished slavery in its colonies in 1863. Enslaved people in Suriname would be fully free only in 1873. The Netherlands remained neutral during World War I, in part because
6171-447: The Northern Dutch (Dutch living North of these rivers). In the Southern province of Limburg, the term is used for the Dutch from the other 11 provinces. The use of the term in this context by the Southern Dutch is in a derogatory fashion. Dutch is used as the adjective for the Netherlands, as well as the demonym . The origins of the word go back to Proto-Germanic *þiudiskaz , Latinised into Theodiscus , meaning "popular" or "of
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#17328592515326292-407: The Northern Netherlands in 1839 as the Kingdom of the Netherlands was created by decree), while the personal union between Luxembourg and the Netherlands was severed in 1890, when William III died with no surviving male heirs. Ascendancy laws prevented his daughter Queen Wilhelmina from becoming the next Grand Duchess. The Belgian Revolution and the Java War in the Dutch East Indies brought
6413-428: The Republic, led by William III of Orange and Anthonie Heinsius would regularly clash with France in what some historians have come to call the Forty Years' War . In the Nine Years' War and the War of the Spanish Succession , the Republic was at the centre of anti-French coalitions. The Dutch ultimately successfully defended the Spanish Netherlands , established a barrier there, and their troops proved central to
6534-454: The Silent in driving out Spanish troops and forming a new government for the Netherlands. Don Juan of Austria , the new Spanish governor, was forced to concede initially, but within months returned to active hostilities. The Dutch looked for help from the Protestant Elizabeth I of England, but she initially stood by her commitments to the Spanish in the Treaty of Bristol of 1574. When the next large-scale battle occurred at Gembloux in 1578,
6655-432: The Southwest Netherlands, they were raiding the English Channel . Roman forces pacified the region but did not expel the Franks, who continued to be feared at least until the time of Julian the Apostate (358) when Salian Franks were allowed to settle as foederati in Texandria . After the Roman government in the area collapsed in roughly the year 406, the Franks expanded their territories into numerous kingdoms. By
6776-406: The Spanish forces won easily. In light of the defeat at Gembloux , the southern states of the Seventeen Provinces distanced themselves from the rebels in the north with the 1579 Union of Arras . Opposing them, the northern half of the Seventeen Provinces forged the Union of Utrecht in which they committed to support each other against the Spanish. The Union of Utrecht is seen as the foundation of
6897-431: The Spanish in the Netherlands under the Duke of Parma in a series of largely indecisive actions that tied down significant numbers of Spanish troops and bought time for the Dutch to reorganise their defences. The war continued until 1648, when Spain under King Philip IV recognised the independence of the seven north-western provinces in the Peace of Münster . Parts of the southern provinces became de facto colonies of
7018-429: The United Provinces consistently possessed one of Europe's largest and most capable armies. However, following the conclusion of the War of the Spanish Succession , other major powers such as Prussia, Austria, Britain, and Russia significantly expanded their military forces. The Republic struggled to match these developments, and gradually assumed the status of a mid-tier power. However, historians have sometimes overstated
7139-572: The West Indian Company could be established. The West India Company received its charter from the States-General in June 1621, granting it a 24-year monopoly on trade and colonization that included the American coast between Newfoundland and the Straits of Magellan. One of the promotors was Reynier Pauw , who went on to appoint two of his sons as the first managers in 1621; both Pieter and Michiel Reyniersz Pauw were in place for fifteen years. Reynier Pauw II, Cornelis Bicker , and Samuel Blommaert were appointed in 1622. The Dutch West India Company
7260-408: The alliance which halted French territorial expansion in Europe until a new cycle began in 1792 with the French Revolutionary Wars . However, the wars left them effectively bankrupt, and inflicted permanent damage on the Dutch merchant navy; while they remained the dominant economic power in the Far East, Britain took over as the pre-eminent global commercial and maritime power. Between 1590 and 1713,
7381-414: The areas below sea level, known as polders , are the result of land reclamation that began in the 14th century . In the Republican period , which began in 1588, the Netherlands entered a unique era of political, economic, and cultural greatness, ranked among the most powerful and influential in Europe and the world; this period is known as the Dutch Golden Age . During this time, its trading companies,
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#17328592515327502-500: The armed support of revolutionary France , Dutch republicans proclaimed the Batavian Republic , modelled after the French Republic and rendering the Netherlands a unitary state on 19 January 1795. The stadtholder William V of Orange had fled to England. From 1806 to 1810, the Kingdom of Holland was set up by Napoleon Bonaparte as a puppet kingdom governed by his brother Louis Bonaparte . However, King Louis Bonaparte tried to serve Dutch interests instead of his brother's, and he
7623-415: The case of the Low Countries and the Netherlands, the geographical location of this lower region is more or less downstream and near the sea, compared to that of the upper region of Germania Superior. The designation 'Low' returned in the 10th-century Duchy of Lower Lorraine , which covered much of the Low Countries. The Dukes of Burgundy used the term les pays de par deçà ("the lands over here") for
7744-418: The centuries, the Dutch coastline has changed considerably as a result of natural disasters and human intervention. On 14 December 1287, St. Lucia's flood affected the Netherlands and Germany, killing more than 50,000 people in one of the most destructive floods in recorded history. The St. Elizabeth flood of 1421 and the mismanagement in its aftermath destroyed a newly reclaimed polder , replacing it with
7865-415: The charter was set at 24 years. Only in 1623 was funding arranged, after several bidders were put under pressure. The States General of the Netherlands and the VOC pledged one million guilders in the form of capital and subsidy. Although Iberian writers said that crypto-Jews or Marranos played an important role in the formation of both the VOC and the GWC, research has shown that initially they played
7986-427: The coast of Africa, competing with each other for the supply of copper, from the Kingdom of Loango . Pieter van den Broecke was employed by one of these companies. In 1612, a Dutch fortress was built in Mouree (present day Ghana), along the Dutch Gold Coast . Trade with the Caribbean, for salt, sugar and tobacco, was hampered by Spain and delayed because of peace negotiations. Spain offered peace on condition that
8107-444: The company made losses and paid no dividend . After the Fourth Anglo-Dutch War , it became apparent that the GWC was no longer capable of defending its own colonies, as Sint Eustatius , Berbice , Essequibo , Demerara , and some forts on the Dutch Gold Coast were rapidly taken by the British. In 1791 it was decided not to renew the patent to the GWC and to dissolve the company. All stocks were sold and territories previously held by
8228-522: The company. Non-maritime cities, including Haarlem , Leiden , and Gouda , along with Enkhuizen and Hoorn were enthusiastic about seizing territory. They sent a fleet to Brazil, capturing Olinda and Pernambuco in 1630 in their initial foray to create a Dutch Brazil, but could not hold them due to a strong Portuguese resistance. Company ships continued privateering in the Caribbean, as well seizing vital land resources, particularly salt pans. The company's general lack of success saw their shares plummet and
8349-443: The country being referred to as Holland instead of the Netherlands , on much the same grounds as many Welsh or Scottish people object to the United Kingdom being referred to as England. In particular, those from regions other than Holland find it undesirable or misrepresentative to use the term Holland for the whole country, as the Holland region only comprises two of the twelve provinces, and 38% of Dutch citizens. As of 2019,
8470-487: The country is for the most part flat, with the exception of foothills in the far southeast, up to a height of no more than 322 m (1,056 ft) at the Vaalserberg , and some low hill ranges in the central parts. Most of the areas below sea level are caused by peat extraction or achieved through land reclamation . Since the late 16th century, large polder areas are preserved through elaborate drainage systems that include dikes , canals and pumping stations. Much of
8591-424: The country was originally formed by the estuaries of three large European rivers: the Rhine ( Rijn ), the Meuse ( Maas ) and the Scheldt ( Schelde ), as well as their tributaries . The south-western part of the Netherlands is a river delta of these rivers, the Rhine–Meuse–Scheldt delta . The European Netherlands is divided into north and south parts by the Rhine, the Waal , its main tributary branch, and
8712-613: The countryside was plundered for food. Although there were thousands of Dutch who risked their lives by hiding Jews from the Germans, over 20,000 Dutch fascists joined the Waffen SS . Political collaborators were members of the fascist NSB , the only legal political party in the occupied Netherlands. On 8 December 1941, the Dutch government-in-exile in London declared war on Japan, but could not prevent
8833-518: The directors' policy and the handling of ordinary investors' money," that it was a "racket" to provide "cushy posts for the directors and their relatives, at the expense of ordinary shareholders". The VOC directors invested money in the GWC, without consulting their shareholders, causing dissent among a number of shareholders. In order to attract foreign shareholders, the GWC offered equal standing to foreign investors with Dutch, resulting in shareholders from France, Switzerland, and Venice. A translation of
8954-583: The end of the Ice Age , the nomadic late Upper Palaeolithic Hamburg culture (13,000–10,000 BC) hunted reindeer in the area, using spears. The later Ahrensburg culture (11,200–9,500 BC) used bow and arrow . From Mesolithic Maglemosian-like tribes (c. 8000 BC), the world's oldest canoe was found in Drenthe . Indigenous late Mesolithic hunter-gatherers from the Swifterbant culture (c. 5600 BC), related to
9075-463: The extent of this decline, especially when considering the period up to the 1750s. In the 18th century the Dutch Republic had seen a state of a general decline, with economic competition from England and long-standing rivalries between the two main factions in Dutch society, the republican Staatsgezinden and the supporters of the stadtholder the Prinsgezinden as main political factions. With
9196-624: The first capital. Other settlements were established on the Netherlands Antilles , and in South America, in Dutch Brazil, Suriname and Guyana . In Africa, posts were established on the Gold Coast (now Ghana ), the Slave Coast (now Benin ), and briefly in Dutch Loango-Angola . It was a neo- feudal system , where patrons were permitted considerable powers to control the overseas colony. In
9317-718: The import of goods through the Netherlands proved essential to German survival until the blockade by the British Royal Navy in 1916. That changed in World War II, when Germany invaded the Netherlands on 10 May 1940. The Rotterdam Blitz forced most of the Dutch army to surrender. During the occupation, over 100,000 Dutch Jews were transported to Nazi extermination camps ; only a few survived. Dutch workers were conscripted for forced labour in Germany, civilians who resisted were killed in reprisal for attacks on German soldiers, and
9438-544: The island, before selling them elsewhere in the Caribbean and Spanish Main . The influence of the GWC in Africa was threatened during the Second and Third Anglo–Dutch Wars , but English efforts to displace the Dutch from the region ultimately proved unsuccessful. The first West India Company suffered a long agony, and its end in 1674 was painless. The reason that the GWC could drag on for 27 years seems to have been its valuable West African possessions, due to its slaves. When
9559-430: The major goals within the GWC. The arming of merchant ships with guns and soldiers to defend themselves against Spanish ships was of great importance. On almost all ships in 1623, 40 to 50 soldiers were stationed, possibly to assist in the hijacking of enemy ships. It is unclear whether the first expedition was the expedition by Jacques l'Hermite to the coast of Chile, Peru and Bolivia, set up by Stadtholder Maurice with
9680-521: The meantime, the war demanded so many of its forces that the company had to operate under a permanent threat of bankruptcy. In fact, the GWC went bankrupt in 1636 and all attempts at rehabilitation were doomed to failure. In 1636, the Dutch West India Company took possession of St. Eustatius , Sint Maarten , and Saba which all fell under Dutch control. A commander was stationed on St. Eustatius to govern all three islands by 1678. Because of
9801-578: The migration of Germanic tribes from the North. By the time this migration was complete, around 250 BC, a few general cultural and linguistic groups had emerged. The North Sea Germanic Ingaevones inhabited the northern part of the Low Countries . They would later develop into the Frisii and the early Saxons . The Weser–Rhine Germanic (or Istvaeones ) extended along the middle Rhine and Weser and inhabited
9922-551: The modern Netherlands. Spanish troops sacked Maastricht in 1579, killing over 10,000 civilians. In 1581, the northern provinces adopted the Act of Abjuration , the declaration of independence in which the provinces officially deposed Philip II. Against the rebels Philip could draw on the resources of the Spanish Empire . Elizabeth I sympathised with the Dutch struggle and sent an army of 7,600 soldiers to aid them. English forces faced
10043-525: The new company. Nobody was fired, but the number of directors was reduced from 19 to 10, and the number of governors from 74 to 50. By 1679, the new GWC had slightly more than 6 million guilders which was largely supplied by the Amsterdam Chamber. In 1687, due to the Asiento possessed by Balthasar Coymans , the company paid the highest dividend. From 1694 until 1700, the GWC waged a long conflict against
10164-482: The new republican-mercantile empire. Following the declaration of independence, the provinces of Holland , Zeeland , Groningen , Friesland , Utrecht , Overijssel , and Gelderland entered into a confederation . All these duchies, lordships and counties enjoyed a significant degree of autonomy and was governed by its own administrative body known as the States-Provincial . The confederal government, known as
10285-636: The north (i.e. the southern Netherlands and Flanders), who kept on speaking Old Frankish , which by the ninth century had evolved into Old Low Franconian or Old Dutch. A Dutch-French language boundary hence came into existence. To the north of the Franks, climatic conditions improved, and during the Migration Period Saxons , the closely related Angles , Jutes , and Frisii settled the coast. Many moved on to England and came to be known as Anglo-Saxons , but those who stayed would be referred to as Frisians and their language as Frisian . Frisian
10406-575: The north along the Hudson. Blommaert secretly tried to secure his interests with the founding of the colony of New Sweden on behalf of Sweden on the Delaware in the south. The main focus of the GWC now went to Brazil. The West India Company managed to conquer parts of Brazil from Portugal in 1630. That same year, the colony of New Holland was founded, with a capital in Mauritsstad (present-day Recife ). In
10527-494: The north and west. It shares maritime borders with the United Kingdom , Germany, and Belgium. The official language is Dutch, with West Frisian as a secondary official language in the province of Friesland . Dutch, English, and Papiamento are official in the Caribbean territories . Netherlands literally means "lower countries" in reference to its low elevation and flat topography, with 26% below sea level . Most of
10648-527: The north to create a strong country on the northern border of France. William Frederick raised this United Netherlands to the status of a kingdom and proclaimed himself as King William I in 1815. William became hereditary Grand Duke of Luxembourg in exchange for his German possessions. However, the Southern Netherlands had been culturally separate from the north since 1581, and rebelled . The south gained independence in 1830 as Belgium (recognised by
10769-566: The ongoing war in Brazil, the situation for the GWC in 1645, at the end of the charter, was very bad. An attempt to compensate the losses of the GWC with the profits of the VOC failed because the directors of the VOC did not want to. In 1645, the main participants in the GWC were members of the Trip family . Merging the two companies was not feasible. Amsterdam was not willing to help out, because it had too much interest in peace and healthy trade relations with Portugal. This indifferent attitude of Amsterdam
10890-597: The original 1621 charter appeared in English, Orders and Articles granted by the High and Mightie Lords the States General of the United Provinces concerning the erecting of a West-Indies Companie, Anno Dom. MDCXII . by 1623, the capital for the GWC at 2.8 million florins was not as great the VOC's original capitalization of 6.5 million, but it was still a substantial sum. The GWC had 15 ships to carry trade and plied
11011-505: The people", akin to Old Dutch Dietsch or Old English þeodisc , meaning "(of) the common ( Germanic ) people". At first, the English language used Dutch to refer to any or all speakers of West Germanic languages . Gradually its meaning shifted to the West Germanic people they had the most contact with. The oldest human ( Neanderthal ) traces in the Netherlands, believed to be about 250,000 years old, were found near Maastricht . At
11132-406: The population into submission. Alba boasted of having executed 18,600; this figure does not include those who perished by war and famine. The first great siege was Alba's effort to capture Haarlem and thereby cut Holland in half. It dragged on from December 1572 to the next summer, when Haarlemers finally surrendered on 13 July upon the promise that the city would be spared from being sacked. It
11253-455: The previous, this river forms a linguistic divide: people to the northeast of this river speak Dutch Low Saxon dialects (except for the province of Friesland , which has its own language). The Netherlands is mostly composed of deltaic , coastal and aeolian derived sediments during the Pleistocene glacial and interglacial periods. Almost the entire west Netherlands is composed of
11374-465: The proposal of founding a West-India Company off table. The result was that, during a few years, the Dutch sailed under a foreign flag to South America. However, ten years later, Stadtholder Maurice of Orange , proposed to continue the war with Spain, but also to distract attention from Spain to the Republic. In 1619, his opponent Johan van Oldenbarnevelt was beheaded, and when in April 1621 the truce expired,
11495-439: The region of New Netherland. Patroon investors could expand the size of their land grants as large as 4 miles, "along the shore or along one bank of a navigable river..." Rensselaerswyck was the most successful Dutch West India Company patroonship. The New Netherland area, which included New Amsterdam , covered parts of present-day New York, Connecticut, Delaware, and New Jersey, with Manhattan and Fort Amsterdam serving as
11616-614: The ruling was unsuccessful. In 2023 followed an EUR 3,125,000 fine for insufficient Customer Due Diligence; out of the eight investigated files seven were not in good order. In July 2022, CVC Capital Partners sold a near-50 per cent stake to the Abu Dhabi Investment Authority sovereign wealth fund , which will take a seat on TMF’s board. The deal valued the company at about €3 billion. Netherlands – in Europe (light green & dark grey) – in
11737-582: The same toponymy . Place names with Neder , Nieder , Nedre , Nether , Lage(r) or Low(er) (in Germanic languages ) and Bas or Inferior (in Romance languages ) are in use in low-lying places all over Europe. The Romans made a distinction between the Roman provinces of downstream Germania Inferior (nowadays part of Belgium and the Netherlands) and upstream Germania Superior . Thus, in
11858-459: The southern Scandinavian Ertebølle culture , were strongly linked to rivers and open water. Between 4800 and 4500 BC, the Swifterbant people started to adopt from the neighbouring Linear Pottery culture the practice of animal husbandry , and between 4300 and 4000 BC agriculture. The Funnelbeaker culture (4300–2800 BC) erected the dolmens , large stone grave monuments found in Drenthe . There
11979-483: The support of the States General and the VOC. The company was initially a dismal failure, in terms of its expensive early projects, and its directors shifted emphasis from conquest of territory to pursue plunder of shipping. The most spectacular success for the GWC was Piet Heyn's seizure of the Spanish silver fleet , which carried silver from Spanish colonies to Spain. He had also seized a consignment of sugar from Brazil and
12100-402: The term "Low Countries" is officially used as the name for the Netherlands. The term Holland has frequently been used informally to refer to the whole of the modern country of the Netherlands in various languages, including Dutch and English. In some languages, Holland is used as the formal name for the Netherlands. However, Holland is a region within the Netherlands that consists of
12221-584: The two provinces of North and South Holland . Formerly these were a single province, and earlier the County of Holland , which included parts of present-day Utrecht . The emphasis on Holland during the formation of the Dutch Republic , the Eighty Years' War , and the Anglo-Dutch Wars in the 16th, 17th, and 18th centuries, made Holland a pars pro toto for the entire country. Many Dutch people object to
12342-486: The various trading posts established by the merchants. The company became instrumental in the largely ephemeral Dutch colonization of the Americas (including New Netherland ) in the seventeenth century. From 1624 to 1654, in the context of the Dutch–Portuguese War , the GWC held Portuguese territory in northeast Brazil, but they were ousted from Dutch Brazil following fierce resistance. After several reversals,
12463-576: The way for TMF Group's merger with Equity Trust, which was completed at group level in June 2011. In 2015, TMF Group acquired the Brazilian business process outsourcing unit from PwC , including delivery centers in Barueri , Rio de Janeiro and Ribeirão Preto , providing business process outsourcing services in finance & accounting , human resources , tax and compliance . On 27 October 2017, TMF Group
12584-510: The wealthiest trading city in Amsterdam , and the first full-time stock exchange . The inventiveness of the traders led to insurance and retirement funds as well as phenomena such as the boom-bust cycle , the world's first asset-inflation bubble , the tulip mania of 1636–1637, and the world's first bear raider , Isaac le Maire . In 1672 – known in Dutch history as the Rampjaar (Disaster Year) –
12705-519: The west African coast and Brazil. Unlike the VOC, the GWC had no right to deploy military troops. When the Twelve Years' Truce in 1621 was over, the Republic had a free hand to re-wage war with Spain. A Groot Desseyn ("grand design") was devised to seize the Portuguese colonies in Africa and the Americas, so as to dominate the sugar and slave trade. When this plan failed, privateering became one of
12826-543: Was Gerolf of Holland , who assumed lordship in Frisia, and Viking rule came to an end. The Holy Roman Empire ruled much of the Low Countries in the 10th and 11th century but was not able to maintain political unity. Powerful local nobles turned their cities, counties and duchies into private kingdoms that felt little sense of obligation to the emperor. Holland , Hainaut , Flanders , Gelre , Brabant , and Utrecht were in
12947-587: Was a Dutch chartered company founded in 1621 and went defunct in 1792. Among its founders were Reynier Pauw , Willem Usselincx (1567–1647), and Jessé de Forest (1576–1624). On 3 June 1621, it was granted a charter for a trade monopoly in the Dutch West Indies by the Republic of the Seven United Netherlands and given jurisdiction over Dutch participation in the Atlantic slave trade , Brazil,
13068-833: Was a quick transition from the Funnelbeaker farming culture to the pan-European Corded Ware pastoralist culture (c. 2950 BC). In the southwest, the Seine-Oise-Marne culture —related to the Vlaardingen culture (c. 2600 BC)—survived well into the Neolithic period, until it too was succeeded by the Corded Ware culture. The subsequent Bell Beaker culture (2700–2100 BC) introduced metalwork in copper, gold and later bronze and opened new international trade routes, reflected in copper artefacts . Finds of rare bronze objects suggest that Drenthe
13189-566: Was a stipulation Don Fadrique was unable to honour, when his soldiers mutinied, angered over pay owed and the miserable conditions of the campaign. On 4 November 1576, Spanish tercios seized Antwerp and subjected it to the worst pillage in the Netherlands' history. The citizens resisted but were overcome; seven thousand were killed and a thousand buildings were torched. Following the sack of Antwerp , delegates from Catholic Brabant, Protestant Holland and Zeeland agreed to join Utrecht and William
13310-659: Was a trading centre in the Bronze Age (2000–800 BC). The Bell Beaker culture developed locally into the Barbed-Wire Beaker culture (2100–1800 BC) and later the Elp culture (1800–800 BC), a Middle Bronze Age culture marked by earthenware pottery. The southern region became dominated by the related Hilversum culture (1800–800 BC). From 800 BC onwards, the Iron Age Celtic Hallstatt culture became influential, replacing
13431-601: Was a weak kingdom and subject to numerous partitions and annexation attempts by its stronger neighbours. It comprised territories from Frisia in the north to the Kingdom of Italy in the south. Around 850, Lothair I of Middle Francia acknowledged the Viking Rorik of Dorestad as ruler of most of Frisia. When the kingdom of Middle Francia was partitioned in 855, the lands north of the Alps passed to Lothair II and subsequently were named Lotharingia . After he died in 869, Lotharingia
13552-407: Was acquired by Europe's largest private equity firm CVC Capital Partners for €1.75 billion. In 2018, the Dutch supervisor De Nederlandsche Bank (DNB) imposed a EUR 594,000 fine on TMF for insufficient due diligence in the management of an entity which lent US$ 850 million to Mozambique parties, earmarked for a tuna fishery. Loan funds were embezzled or used by Defence. TMF Group's 2021 appeal against
13673-511: Was forced to abdicate on 1 July 1810. The Emperor sent in an army and the Netherlands became part of the French Empire until November 1813, when Napoleon was defeated in the Battle of Leipzig . William Frederick , son of the last stadtholder, returned to the Netherlands in 1813 and proclaimed himself Sovereign Prince . Two years later, the Congress of Vienna added the southern Netherlands to
13794-673: Was fought over in the Hook and Cod Wars between 1350 and 1490. The Cod faction consisted of the more progressive cities, while the Hook faction consisted of the conservative noblemen. These noblemen invited Duke Philip the Good of Burgundy to conquer Holland. Most of the Imperial and French fiefs in what is now the Netherlands and Belgium were united in a personal union by Philip the Good in 1433. The House of Valois-Burgundy and their Habsburg heirs would rule
13915-688: Was organized similarly to the Dutch East India Company (VOC). Like the VOC, the GWC had five offices, called chambers ( kamers ), in Amsterdam, Rotterdam, Hoorn, Middelburg and Groningen, of which the chambers in Amsterdam and Middelburg contributed most to the company. The board consisted of 19 members, known as the Heeren XIX (the Nineteen Gentlemen, as opposed to the Heeren XVII who controlled
14036-553: Was partitioned, into Upper and Lower Lotharingia , the latter comprising the Low Countries that became part of East Francia in 870. Around 879, another Viking expedition led by Godfrid, Duke of Frisia , raided the Frisian lands. Resistance to the Vikings, if any, came from local nobles, who gained in stature as a result, and that laid the basis for the disintegration of Lower Lotharingia into semi-independent states. One of these local nobles
14157-523: Was popular almost everywhere, the family Van Aerssen van Sommelsdijck sold its property in the colony of Surinam . The GWC participated in a bigger share together with the Society of Suriname . Many planters in Surinam and the Caribbean came into financial trouble because of the mortgages ( Crisis of 1772 ); the demand for slaves dropped. In 1775, the last slave ship entered the port of Willemstad . From 1780 on
14278-498: Was spoken along the entire southern North Sea coast. By the seventh century, a Frisian Kingdom (650–734) under King Aldegisel and King Redbad emerged with Traiectum ( Utrecht ) as its centre of power, while Dorestad was a flourishing trading place. Between 600 and around 719 the cities were often fought over between the Frisians and the Franks. In 734, at the Battle of the Boarn ,
14399-462: Was the first country to legalise same-sex marriage in 2001. Its mixed-market advanced economy has the eleventh-highest per capita income globally. The Hague holds the seat of the States General , Cabinet , and Supreme Court . The Port of Rotterdam is the busiest in Europe . Schiphol is the busiest airport in the Netherlands , and the fourth busiest in Europe . Being a developed country ,
14520-546: Was the main cause of the slow, half-hearted policy, which would eventually lead to losing the colony. In 1647, the company made a restart using 1.5 million guilders, capital of the VOC. The States General took responsibility for the warfare in Brazil. Due to the Peace of Westphalia , the attacks on Spanish shipping were forbidden to the GWC. The Portuguese succeeded in the recapture of Angola . Many merchants from Amsterdam and Zeeland decided to work with marine and merchants from
14641-504: Was vital because Holland could no longer produce enough grain to feed itself. Land drainage had caused the peat of the former wetlands to reduce to a level that was too low for drainage to be maintained. Under Habsburg Charles V , all fiefs in the current Netherlands region were united into the Seventeen Provinces , which included most of present-day Belgium, Luxembourg, and parts of France and Germany. In 1568, under Phillip II,
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